Are stocks on sale and is now the time to put money in the market? Michelle has some timely advice to help you put the current market roller coaster in perspective. Continue reading
financial planning
When Low Interest Rates Are OK
“A singular mission to outperform can actually lead to underperformance.” A Wealth of Common Sense blog by Ben Carlson Continue reading
Nuggets from the Tax Cuts and Jobs Act (TCJA)
My November article speculated on what was coming in the new tax bill and how it would affect us. Of course, the final version tilted the whole structure off its foundation rendering that article into garbage right now. And then the IRS kept tinkering with what expenses are and are not allowed in 2017 – almost down to New Year’s Eve, so December was a chaotic month for tax planning, to say the least. Continue reading
Do Coverdell ESAs belong in your education plan?
Now that you can use your 529 account for K-12 tuition (thanks to the TCJA passed in December 2017), should a Coverdell Education Savings Account (or “ESA”) have a place in your education planning? ESAs are often considered a low-income substitute for a 529 Continue reading
New Rules for 529 Accounts [VIDEO]
TCJA had a gift for those of us who are saving for college using 529 accounts. Michelle talks about new ways you can use those funds and with a quick lesson on all the changes. And what about Coverdell ESAs – are they worth the bother? Continue reading
11 reasons you need a taxable investment account
How are you saving for retirement? Do you bypass accounts that don’t have some kind of tax advantage stuck to it? Don’t make that mistake – you could be bypassing a lot of benefits!
The Tax Bill: WIIFM (What’s In it for Me?)
The Senate finance committee passed the “Tax Cuts and Jobs Act” and the Senate is due to vote on it after Thanksgiving (2017). This bill is packed with a lot of changes. So, if you’re a physician family and/or a high earner, what’s in it for you? Continue reading
Is Social Security a Good Investment? [VIDEO]
Social Security – have rumors of its death been greatly exaggerated? Does it belong in your financial plan – or should you exclude it and hope to be happily surprised? Find out what Michelle has to say about it in this month’s vlog… Continue reading
Protect Your A$$ets [VIDEO]
Could you be wiped out if someone has an accident in your rental property? How about in your own home? Michelle talks about steps every property owner should take Continue reading
What You Need to Know About 1031 Exchanges
Section 26 of the US Tax Code, a.k.a. the IRS federal tax code, is about 75,000 pages long. Out of those 75,000 pages, one section is so popular that it is known by number alone Continue reading
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